ThyssenKrupp remains open to EU steel consolidation after Tata jv disappointment

German steelmaker ThyssenKrupp remains open to consolidation in the European steel sector, chief executive officer Guido Kerkhoff said in a conference call with analysts on Tuesday May 14.

The statement came after news of the expected failure of its European flat steel joint venture with Tata Steel Europe because of opposition from the European Commission (EC). “If there are opportunities for consolidation, we are willing to pursue them. The...

Published

Viral Shah

May 14, 2019

18:52 GMT

London